{"id":450504,"date":"2023-06-23T09:55:12","date_gmt":"2023-06-23T07:55:12","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=450504"},"modified":"2023-06-23T09:55:12","modified_gmt":"2023-06-23T07:55:12","slug":"european-innovation-council-accelerator-51-deep-tech-start-ups-selected-to-get-funding-and-investments","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/european-innovation-council-accelerator-51-deep-tech-start-ups-selected-to-get-funding-and-investments\/","title":{"rendered":"European Innovation Council Accelerator: 51 deep tech start-ups selected to get funding and investments"},"content":{"rendered":"\n<p>A new set of <a href=\"https:\/\/eic.ec.europa.eu\/system\/files\/2023-06\/EIC%20Accelerator-March%2022%202023%20Cut%20Off%20.pdf\">51 companies<\/a> have been selected to receive European Innovation Council (EIC) funding, combining grants and equity, following the second 2023 EIC Accelerator cut-off in March. The 51 selected companies will receive \u20ac260 million of funding from grants and equity investments.<\/p>\n\n\n\n<div class=\"io-block io-block__summary\"><ul><li>A total of 260 million euros from the EIC fund goes to 51 European deep-tech start-ups.<\/li><li>The Netherlands is awarded the most.<\/li><li>Among the winners also Stentit and Morphotonics, both former winners of an Innovation Origins award.<\/li><\/ul><\/div>\n\n\n\n<p>The companies were selected in a highly competitive process in which 139 were interviewed by juries of experienced investors and entrepreneurs out of 551 full proposals submitted.&nbsp;<\/p>\n\n\n\n<p>The equity investments will be made through the&nbsp;<a href=\"https:\/\/eic.ec.europa.eu\/news\/european-innovation-council-fund-set-be-fully-operational-2022-09-29_en\">EIC Fund<\/a>. The selected companies have a geographical spread spanning 17 countries. Almost 30% percent (15 of the 51 companies) have a female CEO, CTO (Chief Technology Officer) or CSO (Chief Scientific Officer).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Stentit<\/h2>\n\n\n\n<p>Former <a href=\"https:\/\/innovationorigins.com\/en\/5-years-startup-watch-50-winners\/\">Gerard and Anton award winner<\/a> Stentit is one of the lucky start-ups to receive funding. &#8220;The 12.5 million we receive will be used for the first clinical trials with patients at risk of leg amputation and to introduce our regenerative stents to the medical market&#8221;, <a href=\"https:\/\/innovationorigins.com\/en\/start-up-of-the-day-curing-sick-blood-vessels-with-new-stent-can-save-lives\/\">the company<\/a> says in a statement on Linkedin.<\/p>\n\n\n<div class=\"vlp-link-container vlp-layout-basic wp-block-visual-link-preview-link advgb-dyn-4d615fac\"><a href=\"https:\/\/ioplus.nl\/archive\/en\/startups-to-watch-stentit-and-their-regenerating-arteries\/\" class=\"vlp-link\" title=\"Startups to Watch: Stentit and their regenerating arteries\"><\/a><div class=\"vlp-layout-zone-side\"><div class=\"vlp-block-2 vlp-link-image\"><\/div><\/div><div class=\"vlp-layout-zone-main\"><div class=\"vlp-block-0 vlp-link-title\">Startups to Watch: Stentit and their regenerating arteries<\/div><div class=\"vlp-block-1 vlp-link-summary\">Initiated by E52 and High Tech Campus, the 10 most promising startups-to-watch from the Brainport Eindhoven region have been announced for the fourth consecutive year.\u00a0On &hellip; <a href=\"\">Continued<\/a><\/div><\/div><\/div>\n\n\n<p>&#8220;It&#8217;s so rewarding to witness such support by the European Commission and see our proposal being chosen among the more than 500 submissions. This pays off for years of hard work and gives us new energy for the work ahead of us. This recognition is not just for our team, but also the people who have been trusting us all this time and, most importantly, all our patients.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/eic.ec.europa.eu\/sites\/default\/files\/styles\/oe_theme_medium_no_crop\/public\/2023-06\/EIC%20Accelearotor%20March%202023%20cutoff.png?itok=6U4WYbxz\" alt=\"EIC Accelerator-March 22 2023 Cut Off, 51 companies, \u20ac261 M recommended budget, 29% have a female CEO, CTO or CSO, 86% receive equity and grant, 17 countries, top 3 countries: Netherlands (14%), France (12%), Israel and UK (9%)\"\/><\/figure>\n\n\n\n<p>Here are some other examples of innovative projects and companies that will receive support:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/thirona.eu\">Thirona<\/a> (Nijmegen, the Netherlands) &#8211; Facilitating personalized Lung Treatment Decisions through a Deeptech AI Clinical Decision Support System<\/li>\n\n\n\n<li><a href=\"http:\/\/Morphotonics.com\">Morphotonics<\/a> (Veldhoven, the Netherlands) &#8211; Mass Manufacturing Augmented Reality (AR) Waveguides via Roll-to-Plate Nanoimprinting<\/li>\n\n\n\n<li>Project SUBRACABLE (company&nbsp;<a href=\"https:\/\/subra.dk\/\">Subra a\/s<\/a>&nbsp;from Denmark) &#8211; making superconducting power grids a feasible solution for Europe).<\/li>\n\n\n\n<li>Project Twinspect (company&nbsp;<a href=\"https:\/\/twinsity.com\/\">Twinsity<\/a>&nbsp;from Germany) &#8211; first fast and automated (&lt;5 min) AI-based inspection to increase operational safety of large critical infrastructure, e.g., bridges, dams, and oil &amp; gas platforms and refineries.<\/li>\n\n\n\n<li>Project WIDMO cities (<a href=\"https:\/\/widmo.tech\/\">company SGPR.tech<\/a>&nbsp;from Poland) &#8211; providing complete subsurface information of the urban areas.<\/li>\n\n\n\n<li>Project Adapte (company&nbsp;<a href=\"https:\/\/cephalgo.com\/language\/en\/\">Cephalgo<\/a>&nbsp;from France) &#8211; a novel and accurate emotion recognition system for real-time and continuous patient monitoring in psychiatry.<\/li>\n\n\n\n<li>Project PATS (company&nbsp;<a href=\"https:\/\/www.pats-drones.com\/\">Mu-G Knowledge Management BV<\/a>&nbsp;from the Netherlands) \u2013automated insect control platform to eradicate pests.<\/li>\n<\/ul>\n\n\n<div class=\"vlp-link-container vlp-layout-basic wp-block-visual-link-preview-link advgb-dyn-b39b723f\"><a href=\"https:\/\/innovationorigins.com\/en\/winners-of-the-brabant-startup-awards-morphotonics-from-veldhoven\/\" class=\"vlp-link\" title=\"Winners of the Brabant Startup Awards: Morphotonics from Veldhoven\" rel=\"nofollow\" target=\"_blank\"><\/a><div class=\"vlp-layout-zone-side\"><div class=\"vlp-block-2 vlp-link-image\"><img decoding=\"async\" src=\"https:\/\/innovationorigins.com\/app\/uploads\/2018\/09\/20180925_182019-scaled.jpg\" style=\"max-width: 150px; max-height: 150px\" \/><\/div><\/div><div class=\"vlp-layout-zone-main\"><div class=\"vlp-block-0 vlp-link-title\">Winners of the Brabant Startup Awards: Morphotonics from Veldhoven<\/div><div class=\"vlp-block-1 vlp-link-summary\">Morphotonix is one of the 5 winners of the first Brabant Startup Awards. Cofounder Onno Lint explains what it is that makes his photonics-company special.<\/div><\/div><\/div>\n\n\n<p>In most cases, the companies will receive the grant financing within the next two to three months, while the first investment decisions will be made within two months. &nbsp;A further 88 applications that met all the criteria at the remote evaluation stage and that were assessed positively by the EIC jury, but not recommended for funding will be awarded a&nbsp;<a href=\"https:\/\/eic.ec.europa.eu\/eic-funding-opportunities\/eic-accelerator\/seals-excellence_en\">Seal of Excellence<\/a>&nbsp;to help them find alternative sources of funding, including from the Recovery and Resilience Funds and European Regional Development Funds<\/p>\n\n\n<div class=\"vlp-link-container vlp-layout-basic wp-block-visual-link-preview-link advgb-dyn-2be5b785\"><a href=\"https:\/\/ioplus.nl\/archive\/en\/how-the-best-marketing-stunt-ever-propelled-thironas-ambitions-into-high-gear\/\" class=\"vlp-link\" title=\"How &#039;the best marketing stunt ever&#039; propelled Thirona&#039;s ambitions into high gear\"><\/a><div class=\"vlp-layout-zone-side\"><div class=\"vlp-block-2 vlp-link-image\"><\/div><\/div><div class=\"vlp-layout-zone-main\"><div class=\"vlp-block-0 vlp-link-title\">How &#8216;the best marketing stunt ever&#8217; propelled Thirona&#8217;s ambitions into high gear<\/div><div class=\"vlp-block-1 vlp-link-summary\">Artificial Intelligence, or AI for short, is hot in the Arnhem-Nijmegen-Wageningen region of the Netherlands. Universities, research centers, but also the business community and start-ups &hellip; <a href=\"\">Continued<\/a><\/div><\/div><\/div>\n\n\n<h3 class=\"wp-block-heading\">Submit new ideas<\/h3>\n\n\n\n<p>The EIC Accelerator offers start-ups and SMEs grants of up to \u20ac2.5 million combined with equity investments through the EIC Fund ranging from \u20ac0.5 to \u20ac15 million or more. In addition to financial support, all projects benefit from a range of Business Acceleration Services that provide access to leading experts, corporates, investors, and ecosystem actors.<\/p>\n\n\n\n<p>Companies can submit their ideas to the EIC Accelerator at any time, which are evaluated within approximately four weeks. For ideas meeting the EIC criteria for excellence, impact, and risk level, companies are invited to prepare complete applications to submit to one of the regular cut-off dates. The next cut-off for EIC Accelerator full proposals is on 4 October 2023.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The complete list:<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Company Name<\/strong><\/td><td><strong>Country<\/strong><\/td><\/tr><tr><td>CONTEXTFLOW GMBH<\/td><td>Austria<\/td><\/tr><tr><td>arcsec NV<\/td><td>Belgium<\/td><\/tr><tr><td>Convert Pharmaceuticals S.A.<\/td><td>Belgium<\/td><\/tr><tr><td>Rehaler ApS<\/td><td>Denmark<\/td><\/tr><tr><td>SUBRA A\/S<\/td><td>Denmark<\/td><\/tr><tr><td>Better Medicine O\u00dc<\/td><td>Estonia<\/td><\/tr><tr><td>GeneCode AS<\/td><td>Estonia<\/td><\/tr><tr><td>Ligneasy Oy<\/td><td>Finland<\/td><\/tr><tr><td>Cephalgo<\/td><td>France<\/td><\/tr><tr><td>DIOGENX SAS<\/td><td>France<\/td><\/tr><tr><td>Giskard AI (SAS)<\/td><td>France<\/td><\/tr><tr><td>GREENERWAVE<\/td><td>France<\/td><\/tr><tr><td>PLENESYS<\/td><td>France<\/td><\/tr><tr><td>Panntherapi<\/td><td>France<\/td><\/tr><tr><td>Cellbox-Solutions GmbH<\/td><td>Germany<\/td><\/tr><tr><td>LUBIS EDA GmbH<\/td><td>Germany<\/td><\/tr><tr><td>Angiolutions GmbH<\/td><td>Germany<\/td><\/tr><tr><td>Twinsity GmbH<\/td><td>Germany<\/td><\/tr><tr><td>BIOSIMULYTICS LIMITED<\/td><td>Ireland<\/td><\/tr><tr><td>Celtic Biotech Ltd<\/td><td>Ireland<\/td><\/tr><tr><td>Luminate Medical Limited<\/td><td>Ireland<\/td><\/tr><tr><td>Hooke Bio Ltd<\/td><td>Ireland<\/td><\/tr><tr><td>Escala Medical LTD<\/td><td>Israel<\/td><\/tr><tr><td>Butterfly Medical Ltd.<\/td><td>Israel<\/td><\/tr><tr><td>NeuReality LTD<\/td><td>Israel<\/td><\/tr><tr><td>BIOPROTECT LTD<\/td><td>Israel<\/td><\/tr><tr><td>X-trodes Ltd<\/td><td>Israel<\/td><\/tr><tr><td>Finapp srl<\/td><td>Italy<\/td><\/tr><tr><td>HPCC System srl<\/td><td>Italy<\/td><\/tr><tr><td>MORPHOTONICS BV<\/td><td>Netherlands<\/td><\/tr><tr><td>Stentit B.V.<\/td><td>Netherlands<\/td><\/tr><tr><td>ORANGE QUANTUM SYSTEMS OPERATIONAL BV<\/td><td>Netherlands<\/td><\/tr><tr><td>Genewity B.V.<\/td><td>Netherlands<\/td><\/tr><tr><td>THIRONA BV<\/td><td>Netherlands<\/td><\/tr><tr><td>Magneto B.V.<\/td><td>Netherlands<\/td><\/tr><tr><td>Mu-G Knowledge Management BV<\/td><td>Netherlands<\/td><\/tr><tr><td>PAMGENE INTERNATIONAL BV<\/td><td>Netherlands<\/td><\/tr><tr><td>Excess Engineering AS<\/td><td>Norway<\/td><\/tr><tr><td>PICTERUS AS<\/td><td>Norway<\/td><\/tr><tr><td>SGPR.TECH SPLOKA Z OGRANICZONA ODPOWIEDZIALNOSCIA<\/td><td>Poland<\/td><\/tr><tr><td>Hydrumedical, S.A.<\/td><td>Portugal<\/td><\/tr><tr><td>Oils4cure S.L.<\/td><td>Spain<\/td><\/tr><tr><td>MiMARK Diagnostics, S.L.<\/td><td>Spain<\/td><\/tr><tr><td>ENERPOLY AB<\/td><td>Sweden<\/td><\/tr><tr><td>NEOGAP Therapeutics AB<\/td><td>Sweden<\/td><\/tr><tr><td>Molecular Attraction AB<\/td><td>Sweden<\/td><\/tr><tr><td>Lumi Space Ltd<\/td><td>United Kingdom<\/td><\/tr><tr><td>CRYPTO QUANTIQUE LIMITED<\/td><td>United Kingdom<\/td><\/tr><tr><td>Newrotex Limited<\/td><td>United Kingdom<\/td><\/tr><tr><td>Wave Photonics Ltd.<\/td><td>United Kingdom<\/td><\/tr><tr><td>Zero Point Motion Ltd<\/td><td>United Kingdom<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>A new set of 51 companies have been selected to receive European Innovation Council (EIC) funding, combining grants and equity, following the second 2023 EIC Accelerator cut-off in March. The 51 selected companies will receive \u20ac260 million of funding from grants and equity investments. The companies were selected in a highly competitive process in which [&hellip;]<\/p>\n","protected":false},"author":1568,"featured_media":503100,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[42],"tags":[54214,52434,484],"location":[70256],"article_type":[36684],"serie":[],"archives":[],"internal_archives":[],"reboot-archive":[],"class_list":["post-450504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability-nl","tag-european-innovation-council","tag-european-innovation-council-accelerator","tag-innovation","location-eu","article_type-news"],"blocksy_meta":[],"acf":{"subtitle":"The 51 companies were selected out of 551 full proposals submitted, and will receive a total of \u20ac260 million in funding from grants and equity investments.","text_display_homepage":false},"author_meta":{"display_name":"Bart Brouwers","author_link":"https:\/\/ioplus.nl\/archive\/author\/brewbart\/"},"featured_img":"https:\/\/ioplus.nl\/archive\/wp-content\/uploads\/2018\/06\/stentit.jpg","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/sustainability-nl\/\" class=\"advgb-post-tax-term\">Sustainability<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Sustainability<\/span>"]},"tags":{"linked":["<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/sustainability-nl\/\" class=\"advgb-post-tax-term\">European Innovation Council<\/a>","<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/sustainability-nl\/\" class=\"advgb-post-tax-term\">European Innovation Council Accelerator<\/a>","<a href=\"https:\/\/ioplus.nl\/archive\/en\/category\/sustainability-nl\/\" class=\"advgb-post-tax-term\">innovation<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">European Innovation Council<\/span>","<span class=\"advgb-post-tax-term\">European Innovation Council Accelerator<\/span>","<span class=\"advgb-post-tax-term\">innovation<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 3 years ago","modified":"Updated 3 years ago"},"absolute_dates":{"created":"Posted on June 23, 2023","modified":"Updated on June 23, 2023"},"absolute_dates_time":{"created":"Posted on June 23, 2023 9:55 am","modified":"Updated on June 23, 2023 9:55 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/450504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/users\/1568"}],"replies":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/comments?post=450504"}],"version-history":[{"count":0,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/450504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media\/503100"}],"wp:attachment":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media?parent=450504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/categories?post=450504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/tags?post=450504"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/location?post=450504"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/article_type?post=450504"},{"taxonomy":"serie","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/serie?post=450504"},{"taxonomy":"archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/archives?post=450504"},{"taxonomy":"internal_archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/internal_archives?post=450504"},{"taxonomy":"reboot-archive","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/reboot-archive?post=450504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}